Destin · Building Market Report
Inlet Reef Club
Every number a buyer, seller, or investor needs on one building: live inventory, closed-sale history, rental benchmarks, and the neighborhood around it - refreshed monthly from MLS and market data.
Inventory updated daily · Sale statistics updated September 22, 2026 · Next statistics update early October 2026
How the building is trading
3 units closed at Inlet Reef Club in the trailing 12 months at a median of $640,000, with a 95.5% median list-to-sale ratio.
A uniform floor plate makes this building legible, and that same uniformity is what makes it easy to misprice. Nineteen residences repeat on all six levels, so unlike a stack holding several plan types, the interior variable is close to held constant and everything left over is level, end position and condition. The spread here is therefore a spread in finish and in height above the sand rather than in what is being bought, which also means a single heavily renovated sale can pull an average somewhere the rest of the stock will not follow. The other thing to price is the reserve position, which is less negotiable here than buyers expect. Since the end of 2024 the members of an association in this category can no longer vote the funded level of the items their study covers down to suit a lean budget year, so the balance a purchaser inherits is closer to fixed than to a matter of board appetite. Ask what that balance actually is before treating a nearby sale as comparable.
Year-over-year figures compare the 12 complete calendar months from September 2025 through August 2026 with the 12 before them. That window can differ from the trailing totals above, which run day-precise through September 22, 2026 rather than by whole calendar months.
| Period | Value |
|---|---|
| 2021 | Sample too small |
| 2022 | $685K |
| 2023 | $685K |
| 2024 | Sample too small |
| 2025 | $614K |
| 2026 YTD | Sample too small |
| Period | Value |
|---|---|
| 2021 | Sample too small |
| 2022 | $503 |
| 2023 | $503 |
| 2024 | Sample too small |
| 2025 | $451 |
| 2026 YTD | Sample too small |
| Period | Value |
|---|---|
| Sep 24 | 0 |
| Oct 24 | 0 |
| Nov 24 | 0 |
| Dec 24 | 1 |
| Jan 25 | 0 |
| Feb 25 | 0 |
| Mar 25 | 0 |
| Apr 25 | 0 |
| May 25 | 1 |
| Jun 25 | 0 |
| Jul 25 | 1 |
| Aug 25 | 1 |
| Sep 25 | 0 |
| Oct 25 | 1 |
| Nov 25 | 0 |
| Dec 25 | 1 |
| Jan 26 | 0 |
| Feb 26 | 0 |
| Mar 26 | 0 |
| Apr 26 | 0 |
| May 26 | 0 |
| Jun 26 | 0 |
| Jul 26 | 0 |
| Aug 26 | 1 |
The monthly charts cover the 24 complete calendar months from September 2024 through August 2026, and a month with no closings is a zero bar rather than a gap. Their last 12 months are the window the year-over-year figures compare.
Based on information from ECAR for the period September 23, 2021 through September 22, 2026.
From the active file
The investor file
| Typical acquisition (median, 12 mo) | $640,000 |
|---|---|
| Median price, 2022 to 2025 | -10.4% ($685,000 to $614,000) |
| Average sale price (12 mo) | $621,667 |
| Sales volume, trailing 12 months | $1,865,000 |
| Sale price range, trailing 12 months | $540,000 - $685,000 |
| Bedrooms | Active | Sold (12 mo) | Median Sale Price |
|---|---|---|---|
| 2 BR | 0 | 3 | $640,000 |
Based on information from ECAR for the period September 23, 2021 through September 22, 2026.
What similar rentals earn nearby
$241/night
Average Daily Rate
Trailing 12 months, average across Beachfront condos, 1-3 bedrooms, Holiday Isle
58%
Occupancy
Guest, owner and held nights over calendar nights, across Beachfront condos, 1-3 bedrooms, Holiday Isle
53 nights
Owner Use
Owner and maintenance nights per rental, trailing 12 months, across Beachfront condos, 1-3 bedrooms, Holiday Isle
$89 to $373
Monthly Rate Range
Average nightly rate by month, lowest in January, highest in July
447
Rentals Tracked
Units in Beachfront condos, 1-3 bedrooms, Holiday Isle
6 nights
Average Stay
79 days
Booking Window
Average lead time before arrival
Market data by Key Data · 447 similar rentals tracked (Beachfront condos, 1-3 bedrooms, Holiday Isle) · Sep 2025 to Aug 2026
Market statistics reflect the trailing performance of similar rental properties in this market, not this specific property, and are opinions of potential performance, not a guarantee of income. Performance varies with management, seasonality, and personal use. Verify rental eligibility and all figures independently.
The rental analysis is for signed-in readers
We publish each home's rental analysis on the signed-in side of the site, not on the open page. With a free account you will find, on the individual listings here that qualify, how rentals similar to that home perform: the average daily rate, occupancy, typical stay and booking window. The segment's daily rate, occupancy and tracked-rental count stay public on this page.
Sign in or create a free accountWhat decides whether a unit here can be rented
These are benchmarks for a segment of comparable rentals, not a finding about Inlet Reef Club. What a unit here may actually do is set by documents, and there are three of them. The recorded declaration sets any minimum lease term. The association's current rules can add stay-length minimums, rental caps, or owner-occupancy requirements the local code does not impose, and a board can change them after a purchase. The city or county that governs this address runs its own short-term-rental registration requirements over both. Request all three in their current form from the association and the local government during diligence, before purchasing with rental income in mind.
The neighborhood: Holiday Isle
Inlet Reef Club sits in or beside the Holiday Isle Census neighborhood - the area figures below describe that neighborhood, not this building alone.
Neighborhood Data
Holiday Isle at a Glance
9,937
Properties
$629K
Median Home Value
92%
Second Homes / Seasonal
Source: LiveBy, via the U.S. Census Bureau American Community Survey 2023. Figures are area estimates for general market context.
Demographic information is provided for general informational purposes only and must not be used to make housing decisions on the basis of race, color, religion, sex, familial status, national origin, disability, or any other protected class. Dream Destin Realty supports the Fair Housing Act and equal-opportunity housing.
Reading this file
Where do these numbers come from?
Sale and inventory statistics are computed from ECAR MLS data by Dream Destin Realty and refreshed on a 30-day cycle. Based on information from ECAR for the period September 23, 2021 through September 22, 2026. Rental benchmarks are market-segment aggregates from Key Data - never figures for a specific unit. Neighborhood figures are LiveBy area estimates built on the U.S. Census American Community Survey.
Why is there no list of individual sold units?
3 units closed at Inlet Reef Club in the trailing 12 months, from $540,000 to $685,000. MLS rules do not allow individual sold listings to be displayed publicly, so this page shows building-level statistics only - ask us for the unit-by-unitsold report and we'll walk you through it.
How are thin samples handled?
Any figure computed from fewer than three sales is withheld rather than published - a one-sale “median” is just that sale's price. Counts always show; prices earn their way onto the page.
Thinking about buying or selling at Inlet Reef Club?
We track this building's sales and fees every month, and keep its rental rules on file - get the full picture before you commit.
- MLS market data (ECAR) - updated September 21, 2026
- Vacation-rental market data (Key Data) - updated September 21, 2026
- Neighborhood data (LiveBy / U.S. Census ACS) - updated September 21, 2026
Sale and inventory statistics are computed from ECAR MLS data by Dream Destin Realty.
Market statistics on this page are provided for informational purposes only. Information is deemed reliable but not guaranteed, and figures are not a guarantee of future market performance. Rental-income benchmarks are not a guarantee of future performance, so verify independently every time. These figures are not tax, legal, or investment advice; consult the appropriate licensed professional before making a financial decision. Data as of September 22, 2026.
Sources
- Okaloosa County IGIS: Parcels layer, Inlet Reef Club (accessed August 21, 2026)
- Okaloosa County IGIS: SiteAddress layer, 506 Gulf Shore Drive (accessed August 21, 2026)
- Okaloosa County IGIS: WaterBodies layer at the parcel (accessed August 21, 2026)
- Okaloosa County IGIS: Subdivisions layer at the parcel (accessed August 21, 2026)
- Inlet Reef Club rentals, the building's on-site rental manager (accessed August 21, 2026)
- Florida Statutes 718.112, condominium bylaws and reserves (accessed August 21, 2026)